Monfort College of Business
Semester Course Syllabus
(2015-2016)
COURSE PREFIX/TITLE: BAAC 221 – Principles of Accounting II
Sem. Hrs. 3
Ed. Cap: 40
CATALOG DESCRIPTION: Prerequisites: BACS 101; BAAC 220 with a minimum grade of “C-“.
Sophomores or above. The course examines the concepts and applications of managerial accounting which
provides economic, financial, and nonfinancial information for managers and other internal users.
PREREQUISITES: BACS 101; BAAC 220 with a minimum grade of “C-“. Sophomores or above.
COURSE OBJECTIVES:
1. Students will be able to demonstrate their understanding of accounting for manufacturing and service
companies.
2. Students will be able to demonstrate their understanding of basic managerial accounting concepts,
such as product costing and cost behaviors.
3. Students will be able to demonstrate their understanding of techniques to interpret and use financial
and nonfinancial information for internal management decision making, such as cost management
systems, activity-based costing and activity-based management, planning and control systems,
budgeting and cost analysis in decision-making.
MCB Assurance of Learning Goals and Objectives:
Learning Goal
Be knowledgeable of
key concepts in core
business curriculum
Be effective
communicators
Demonstrate conceptual
and analytical skills
Be proficient with
technology
Demonstrate ethical
awareness
Be proficient with
discipline-specific
knowledge
Learning Objective
Students will demonstrate a firm understanding of
core business concepts.
Course Coverage
Objective 1, 2, 3
Students will prepare and deliver quality
presentations on a business topic.
Students will prepare quality business documents.
Students will analyze data & information to identify
key problems, generate and evaluate appropriate
alternatives, and propose a feasible alternative.
Students will demonstrate proficiency in common
business software packages.
Students will be knowledgeable about ethics and
social responsibility.
Students will identify the ethical issue or problem,
analyze the consequences for various stakeholders,
and develop an acceptable resolution.
Students will demonstrate a firm understanding of
discipline-specific knowledge within their emphasis.
Students will demonstrate competency with
advanced topics within their emphasis.
Objective 3
Objective 2
COURSE TOPICS:
Approx.
50 Min.
Periods
6
Topics Covered
Managerial Accounting Concepts
Description
Investigate the nature of managerial accounting as
opposed to financial accounting including cost terms,
concepts, classifications, and behavior patterns.
6
Job Order Costing and Product
Costing
Explain the characteristics and purposes of cost
accounting. Investigate the costing of products.
1
Process Cost Systems
Explain the characteristics of a process cost system.
3
Activity-Based Management
Systems
Using activity-based management to determine cost
of products or services.
6
Cost Behavior Analysis
Studying the effect of cost behavior on activities and
how it can be leveraged to minimize cost and
maximize quality. Investigate the importance of cost
behavior analysis for management decision making to
evaluate the effects of changes in selling price, sales
volume, and sales mix.
3
Incremental Analysis
Identify the steps involved in management decision
making and describe the concept of incremental
analysis.
3
Price Issues
Understanding the relationship between costs and
prices.
3
Budgeting
Study the budget process, preparation and use of
various types of budgets. Investigating the planning
and control systems of budgeting.
3
Flexible Budgeting
Studying the effects of cost behavior on the budgeting
process and maximizing the profit potential.
Standard Costing
Measurement performance for today’s manufacturing
and service environments, including exceptions and
objectives.
Responsibility Accounting
Using accounting information to hold managers
accountable for specified financial results of a subunit’s activities, including cost centers, revenue
centers, profit centers and investment centers.
2 to 5
3
Approx.
50 Min.
Periods
3
45
Topics Covered
Decision Making; Relevant Costs
Description
Analyzing the usefulness of costs and benefits to
optimize goal congruence.
Total
COURSE REQUIREMENTS: A minimum of two examinations will be required as well as computer
assignments and daily accounting homework assignments.
TYPE OF GRADING: Letter
SUGGESTED TEXT AND/OR SUPPLEMENTS: (Note: These books are only suggested. Prior to
purchasing books and other materials, students need to check with the class instructor for their book
and class material choices.)
Braun, Karen W., Teitz, W. M., (2013), Managerial accounting, with MyAccountingLab, (3rd ed.), Prentice
Hall. http://www.pearsonhighered.com/educator/product/Managerial-Accounting-Plus-NEWMyAccountingLab-with-Pearson-eText-Access-Card-Package-3E/9780132963152.page
ASSESSMENT STATEMENT: The Monfort College of Business may collect data in this course that will be
used to assess student progress toward our program learning goals and objectives. Individual student
performance information will be kept confidential; however, this data may be disseminated in an aggregate
form to professional groups and through research publications. If you do not wish your performance in this
class to be included in research about overall student performance (beyond the accreditation process), please
inform your instructor in writing of this intent.
COMPUTER UTILIZATION: Students are encouraged to use the College's computing facilities to complete
their assignments. The student computer labs in Kepner Hall provide support for word processors,
spreadsheets, databases, writing-style checkers, and presentation graphics. Internet and e-mail access are
available in the labs. Student consultants are on duty at the labs to assist with these applications.
LIBRARY UTILIZATION: Students are encouraged to use the Michener Library collections and online
subscription information resources to supplement readings and to complete assignments. Library databases
are available at http://libguides.unco.edu/business. The business reference librarian, Kendra Spahr, holds
regular Kepner office hours. Find her contact information at
http://mcb.unco.edu/Directory/Faculty/ourPeople.cfm/Highlight/Kendra.Spahr.
GLOBAL DIMENSION COVERAGE: As appropriate, students are encouraged to consider the global
dimension as they complete their outside readings and assignments.
ETHICAL DIMENSION COVERAGE: As appropriate, students are encouraged to consider the ethical
dimension as they complete their outside readings and assignments.
STUDENTS WITH DISABILITIES: Any student requesting disability accommodation for this class must
inform the instructor giving appropriate notice. Students are encouraged to contact Disability Support
Services at (970) 351-2289 to certify documentation of disability and to ensure appropriate accommodations
are implemented in a timely manner.
CLASSROOM TECHNOLOGY GUIDELINES: Each student is required to review and become familiar
with the following classroom technology guidelines:
http://www.mcb.unco.edu/Technology/Classroom%20Technology%20Guidelines.pdf
FOOD AND BEVERAGE GUIDELINE: Food is not allowed in classrooms. Only drinks in a container with
a screw top lid are allowed.
KENNETH W. MONFORT COLLEGE OF BUSINESS STATEMENT
The Kenneth W. Monfort College of Business students are expected to conduct themselves in accordance
with the highest standards of academic honesty. Cheating, plagiarism, illegitimate possession and disposition
of examinations, alteration, forgery, or falsification of official records and documents, and similar acts or the
attempt to engage in such acts are grounds for disciplinary action. This action can include the following in
addition to any University disciplinary action:
1. A failing grade for a particular assignment.
2. A failing grade for a particular course.
3. Suspension from the College of Business Administration.
4. Expulsion from the College of Business Administration.
Students are expected to complete all prerequisites for a business class prior to the first day of class. Students
may not concurrently enroll in a class and its prerequisite(s) unless it is expressly stated in the bulletin that the
class is a co-requisite. Any exception to this policy must be approved by the Chair of the School offering the
class.
Students must submit original works for assignments required in this class. This includes term papers, cases
and other course requirements. A student who submits a work that was previously submitted to another class
without prior approval from the instructor is in violation of this policy. A student who violates this policy
may receive a failing grade for the assignment, a failing grade for the class, and face termination of his/her
business degree program.
Additionally, the Dean of Students Office may be notified in writing of all violations of academic honesty in this class.
MONFORT COLLEGE OF BUSINESS STUDENT CODE OF PROFESSIONAL CONDUCT
Monfort College of Business students represent the professional and academic interests of the entire MCB &
UNC communities. Accordingly, MCB expects all students to behave in a professional manner and adhere to
high ethical standards in every business class and in every activity connected with the Monfort College of
Business. This professional behavior is required not only in the classroom but also in all MCB-related
interactions such as e-mails, conferences and use of technology.
MCB students should exhibit respectful behavior in classes. This behavior includes arriving on time to class,
staying in class until the lecture ends, having the discipline to stay engaged in class, turning-off or silencing
cell phones and pagers while in class, refraining from text-messaging, and avoiding coming to class wearing
clothing that is unduly provocative or has written messages that are rude, insensitive or obscene. MCB
students should engage in respectful behavior in all activities where they act directly or indirectly as a
representative of the MCB. Respectful behavior creates a more desirable, civilized, and productive learning
environment, and it models behavior that is both productive and pleasant when students transition from the
classroom to the workplace.
MCB students should master and apply the fundamental skill of preparing and sending class or university
related e-mails that are properly written, show professionalism and communicate a clear message. E-mails
containing profanity, spelling mistakes, punctuation errors, or poor composition evidence sloppiness and
show disrespect to the recipient. MCB students should use proper forms of address when communicating
orally or in writing with faculty or staff (i.e., Dr. Smith, Professor Jones, Ms. Abbot, etc.). If a student does
not know how to address a faculty member, he or she should ask.
This code of professional conduct complements, but does not replace, the Honor Code of the Monfort College
of Business or the Honor Code of the University.
Last Updated: August 2014
By: Accounting Department
Rolled over: June 2015